v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 33,419 $ 32,298
Short-term marketable securities 156,087 156,566
Accounts receivable 6,534 6,882
Prepaid expenses and other current assets 7,579 8,590
Total current assets 203,619 204,336
Long-term marketable securities 21,987 0
Property and equipment, net 31,942 35,395
Operating lease, right-of-use assets 35,852 37,549
Long-term restricted cash 3,360 3,360
Other long-term assets 110 92
Total assets 296,870 280,732
Current liabilities:    
Accounts payable 3,293 1,948
Accrued expenses and other current liabilities 10,183 12,751
Liability related to the sale of future royalties 36,784 30,710
Operating lease liabilities 3,906 3,146
Total current liabilities 54,166 48,555
Liability related to the sale of future royalties, net of current portion 88,289 111,132
Operating lease liabilities, net of current portion 51,750 54,757
Series 1 nonconvertible preferred stock 1,311 1,311
Other long-term liabilities 286 260
Total liabilities 195,802 216,015
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock; $0.01 par value per share, 100,000 shares authorized; 29,120 and 21,387 shares issued and outstanding at June 30, 2026 and September 30, 2025 respectively 291 214
Additional paid-in capital 551,163 469,771
Accumulated other comprehensive loss (927) (339)
Accumulated deficit (449,459) (404,929)
Total stockholders' equity 101,068 64,717
Total liabilities and stockholders' equity $ 296,870 $ 280,732